Chapter 12: Leadership

Chapter 12: Leadership What is Leadership? -Leadership- the ability to influence a group toward the achievement of a set of goals -management and leadership are different Trait Theory of Leadership -Trait theories consider personal qualities and characteristics that differentiate leaders from non leaders Behavioral Theory of Leadership -Behavioral theories proposes that specific behaviors differentiate leaders from non-leaders -Two key behaviors: Initiating Structure- the extent to which a leader defines and establishes their role in the workforce Consideration- the extent to which a leader is likely to have a job relationships characterized by mutual trust and respect for employee ideas The Fielder Model Different leaders affect different people. Not every leader matches the leadership style the group needs. Two ways of improving leader effectiveness 1. First you can change the Leader to fit the situation. 2. Change the situation to fit the leader, by restructuring tasks or increasing or decreasing the leader’s power to control factors such as salary increases. Charismatic leaderships refers to those who have a vision, are willing to take personal risks to achieve that vision, are sensitive to follower needs, and exhibit extraordinary behaviors. Ex. John F. Kennedy, Martin Luther King Jr. Ronald Reagan, Bill Clinton Negative Charismatic leaders Enron, Tyco, WorldCom and HealthSouth Transformational leadership refers to leaders who inspire followers to transcend their self-interests for the good of the organization and can have extraordinary effect on their followers. Examples Andrea Jung, Richard Branson and Jim McNerney. Socialized Charasmatic Leadership Leadership that conveys other centered values by leaders who model ethical conduct. Socialized charismatic leaders are able to bring employee values in line with their own values through their words and actions. Trust encourages taking risks. Trust facilitates information sharing. Trusting groups are more effective. Trust enhances productivity. Consequences of Trust Attribution Theory of Leadership A leadership theory that says that leadership is merely an attribution that people make about other individuals. Jeffrey Katzenberg-CEO of Dreamworks Animation SKG Stan O'Neal- Former CEO of Merrill Lynch